Fixed Income

Fixed Income

Investors backing PE credit push in desperate yield hunt: Mehmet

Private equity is taking over the lending ranks from the banks, says Lonsec analyst Ron Mehmet. As volatility tapers off again, demand for alternative fixed income yield in Australia is making alternative avenues more and more attractive.

Tahn SharpeSeptember 30, 2020

Fixed Income

Relative value strategies in fixed income: PGIM’s Schiller on seeking catalysts

The investment team is using strategies in liquid fixed income markets to exploit valuation discrepancies between fixed income securities, like yield curve arbitrage, swap spread arbitrage, mortgage arbitrage, volatility arbitrage, and credit arbitrage.

Jessica SierSeptember 7, 2020

Fixed Income

The new defensive: Is there life after bonds?

Investors are facing some deeper thinking about defensive asset classes, portfolio diversification and income generation in light of the diminished attributes bonds now hold in light of unique circumstances financial markets are throwing up. Experts discuss the evolving environment and consider relevant defensive strategies.

Matthew SmithJuly 27, 2020

Fixed Income

Central bank ‘vapour pricing’ will lead to a further misallocation of resources

William Blair's Brian Singer is looking outside the US for opportunities as the recovery from the pandemic is going to take longer than what is priced in.

Sarah JonesMay 25, 2020

Fixed Income

Bonds irrelevant to the financial system and no longer defensive

Pendal Group’s Vimal Gor says said bonds will continue to play a defensive role in portfolios but at some point, they will be a “terrible asset” and no longer defensive.

Elizabeth FryMay 20, 2020

Fixed Income

Cashed-up QSuper hunts for distressed assets

QSuper, one of the nation’s largest bondholders, is set to take advantage of opportunities as they unfold in turbulent markets following the harrowing coronavirus outbreak.

Elizabeth FryMarch 30, 2020

Fixed Income

Bond managers raise spreads as liquidity dwindles

Evaporating liquidity in fixed income has forced several of Australia’s largest asset managers to pass the higher spread onto their investors, according to Morningstar.

Sarah JonesMarch 25, 2020

Fixed Income

Danielle DiMartino Booth says coronavirus pandemic could trigger credit crisis

A former adviser to the US Federal Reserve said increased volatility in bonds and turmoil in the money markets from the outbreak of the coronavirus could signal a looming credit event despite the Fed’s latest bid to inject liquidity into the system.

Elizabeth FryMarch 18, 2020

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